News – Page 167
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Article66% would not apply to work for an employer with a gender pay gap
Two-thirds (66%) of UK respondents are unlikely to apply to work for an organisation that they believe has a gender pay gap, according to research by recruitment firm Glassdoor.Its Global gender pay gap survey, which is made up of responses from 8,254 working adults across the UK, Canada, United States, ...
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ArticleIntel reveals 100% gender pay parity
Intel has achieved 100% gender pay parity throughout the United States.Its Annual report 2015: leading and learning- strong progress and more to do, published on 3 February 2016, revealed the results of the organisation's analysis of its compensation packages. This found that employees of both genders who have the same ...
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ArticleEnglish National Opera chorus to vote on strike action over pay
Members of the chorus at the English National Opera (Eno) are to take part in a ballot on industrial action over pay.The vote on strike action, to be held by Equity, the trade union for professional performers and creative practitioners, is in response to proposed pay cuts of 25% for ...
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ArticleB&Q to increase pay for 90% of shop floor staff
DIY store chain B&Q is to raise the hourly pay of 90% of its shop floor workers to at least £7.66 an hour from 1 April 2016.Shop floor employees currently receive a minimum of £6.70 an hour.The new pay rate is higher than the statutory national living wage rate of ...
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ArticleWest Yorkshire Fire and Rescue Service gains living wage accreditation
The West Yorkshire Fire and Rescue Service has been accredited as a living wage employer by the Living Wage Foundation.The organisation has been accredited for its commitment to paying all its staff at least the national living wage of £8.25 an hour.The living wage is a voluntary rate calculated according ...
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ArticleTesco to increase staff pay by up to 3%
Tesco is to increase the pay of its UK store-based staff by up to 3% as part of a two-year pay deal.The retailer will pay its established store workers a base pay rate of up to £7.62 an hour from 3 July 2016.The increase from the current hourly rate of ...
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ArticleBoots UK increases base pay for hourly paid staff
Pharmacy retailer Boots UK is increasing the starting rate of pay for customer assistant staff outside of London by 7%, and that of customer assistants in London by 3%.Customer assistants based in London currently receive a base rate of £8.77, which will increase to £9.07 in April 2016, and those ...
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Article61% of financial services employers increase pay by more than 5%
Around two-thirds (61%) of employer respondents increased employees' fixed pay by more than 5% in 2015, according to research by Mercer.Its 11th annual Global financial services executive compensation snapshot survey, which is based on the pay practices of 71 global financial services firms, also found that 58% of respondents reduced ...
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ArticleJust 10% of marketeers believe remuneration is fair
Just one in 10 (10%) of marketeer respondents believe that the financial remuneration they receive from their employer is fair, according to research by Marketing Week in collaboration with Econsultancy, Design Week and Creative Review.The Marketing Week career and salary survey 2016, which is based on 8,566 responses from professionals ...
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ArticleViewbank Dairy breaches holiday pay requirements
New Zealand's Employment Relations Authority (ERA) has ordered Viewbank Dairy to pay a $7,500 penalty and to rectify employment law breaches discovered by the Ministry of Business Innovation and Employment’s Labour Inspectorate.The Labour Inspectorate visited Viewbank Dairy as part of an audit to check for compliance with minimum employment standards ...
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ArticleAndrew Page to pay all staff the national living wage
Andrew Page is to pay all of its 2,600 employees at least the national living wage rate of £7.20 an hour.The distributor of vehicle components and workshop equipment will pay all its staff over 18 the new rate, which comes into force in April 2016.The national living wage, announced by ...
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ArticleHalfords cuts bonuses by £2 million
Halfords is to cut bonus payments for some employees by a total of £2 million after the organisation failed to hit sales targets.Although total sales rose by 0.4% in the 15 weeks to 15 January 2016, the sales of car kit, such as de-icer, ice scrapers and batteries, decreased following ...
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Article64% of City workers expect a bonus this year
Almost two-thirds (64%) of City worker respondents expect to receive a bonus from their employer this year, according to research by recruitment firm Astbury Marsden.Its survey of 1,063 City workers also found that over a third (35%) of respondents expect bonuses to be higher than last year, and just 13% ...
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Article9% have reviewed salary sacrifice against national living wage compliance
Less than one in 10 (9%) of employer respondents have reviewed their use of salary sacrifice against the new national living wage requirements, according to research by Jelf Employee Benefits.Its survey of 180 employers also found that 39% of respondents are unaware that salary sacrifice arrangements could result in employers ...
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Article70% of retailers undecided about approach to national living wage
Almost three-quarters (70%) of retail chain respondents are undecided about their approach to implementing the national living wage, according to research by Willis Towers Watson.Its survey of 28 retail chains with between 5,000 staff or fewer and more than 100,000 employees, also found that 85% of respondents will wait until ...
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ArticleRio Tinto freezes staff pay
Anglo-Australian metals and mining firm Rio Tinto is freezing staff pay across the business.The freeze forms part of the organisation's bid to control costs in the face of challenging conditions for the mining sector.There will be no salary increase this year for any members of staff, including Rio Tinto’s chief ...
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ArticleUK middle manager pay is fourth highest in Europe
The average base salary for middle managers in the UK was £68,415 a year in 2015, the fourth highest in Europe, according to research by Willis Towers Watson.Its Global 50 remuneration planning report, based on responses from 600 employers, also found that the base salary for entry level professionals in ...
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ArticleBank of England proposes changes to bonus buy-out rules
The Bank of England has laid out proposals that would enable bankers’ bonuses to be revoked after they have moved employer.At present, employers can compensate a new employee for remuneration they would have received from their previous employer in a practice known as buy-outs. When a new employer buys out ...
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ArticleJust 32% of female staff believe they are paid the same as male counterparts
Less than a third (32%) of female employee respondents believe they are paid the same as their male counterparts for equal work, according to research by law firm Simpson Millar.Its research, which surveyed 1,000 employees, also found that a third (33%) of respondents are prepared to launch equal pay claims ...
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ArticleUBM receives living wage accreditation
UBM, which employs more than 750 staff in the UK, has been accredited as a living wage employer by the Living Wage Foundation.All those working at UBM's UK premises, including permanent employees and third-party contractors and suppliers, will receive a minimum hourly wage of £8.25, and £9.15 in London.The living ...